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Binance Bitcoin Perpetuals Show $31.29 Million Sell Order

Near-term sell orders exceeded buy orders by $25.47 million, or 17.63% of combined depth.

By Enna Lee
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A gold Bitcoin token beside a larger red metal block / TokenPost.ai
A gold Bitcoin token beside a larger red metal block / TokenPost.ai

A Binance Bitcoin (BTC) perpetual-market snapshot showed near-term sell orders exceeding buy orders by $25.47 million, alongside a 405.83-BTC sell order listed at $77,090 in the displayed order book.

The listed order was valued at about $31.29 million. Its price was about 0.04% above the market midpoint of $77,063.

Near-term sell orders totaled about $84.99 million, compared with $59.52 million in buy orders. The difference represented 17.63% of total depth.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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